Oikocredit invests in Laudex to encourage social inclusion in Mexico’s education sector
18 février | 2019 Oikocredit has closed an investment of USD 3.3 million in Laudex, a financial inclusion institution providing loans to students for higher education in Mexico.
By providing loans that are aligned with students’ needs and optimised to facilitate their ability to repay, Laudex supports students to access better educational opportunities in Mexico, where there is a deficit of high-quality public education.
Francisco Cordero, CEO and founder of Laudex commented: “We’re excited to have Oikocredit join Laudex as investors and board members. For us, it’s paramount that our shareholders are aligned with our core values and purpose, to promote education and change lives. In Oikocredit, our first international investor, we’ve found a partner that’s highly aligned with us. We believe Oikocredit will play a key role in supporting Laudex make tertiary education more accessible for the next 100,000 students.”
Read the full press release here >
Archive > 2019 > février
- 28 février | 2019 28/02/2019 13:22 - Empowering women in Indonesia through financial inclusion
- 27 février | 2019 27/02/2019 09:24 - Patrick Stutvoet becomes Oikocredit’s new Director of IT and Operations
- 18 février | 2019 18/02/2019 15:28 - Oikocredit invests in Laudex to encourage social inclusion in Mexico’s education sector